Avalanche gains Animoca Brands backing in push across Asia and the Middle East

Animoca Brands has made a strategic investment in Ava Labs and formed a partnership to boost the Avalanche ecosystem, concentrating initially on entertainment, real-world assets (RWAs), and digital identity. The collaboration involves capital deployment, product integrations, and advisory support for projects building on Avalanche, with a primary focus on expanding into Asia and the Middle East, leveraging Animoca's established regional infrastructure and institutional ties, including its Dubai VASP license. This deal aligns with Avalanche's institutional expansion strategy, combining Avalanche's technology with Animoca's extensive commercial and advisory network to facilitate the commercial rollout of Avalanche projects. While the investment size was undisclosed, the focus on RWAs and digital identity suggests targeting areas with growing institutional demand and regulatory engagement.

(Source：Crypto Briefing)